by usoftax_admin | Aug 23, 2024 | Tax News
The U.S. Chamber of Commerce lent its support to an eye doctor and his wife’s U.S. Tax Court case disputing accuracy-related penalties that the Internal Revenue Service plans to impose on their microcaptive insurance arrangements for lacking economic... by usoftax_admin | Aug 23, 2024 | Tax News
A split Fourth Circuit panel on Friday upheld a South Carolina woman’s 30-month sentence for filing false tax returns and making false statements on applications for Paycheck Protection Program loans, finding that a sentencing range can be calculated using the... by usoftax_admin | Aug 23, 2024 | Tax News
Companies that intend to give creditors equity tied to a spinoff transaction won’t get early tax-free approval if the exchange involves recently acquired debt under IRS guidance that practitioners say draws an arbitrary line without accounting for ordinary... by usoftax_admin | Aug 23, 2024 | Tax News
A former EY partner joined Alvarez & Marsal LLC to serve as managing director of its transfer pricing line of services in its New York office, the firm announced. by usoftax_admin | Aug 23, 2024 | Tax News
A cryptocurrency executive charged in a 2020 bitcoin fraud investigation told a Texas federal court that he will appeal a decision this month that granted the Internal Revenue Service’s request to review his and his company’s sequestered bank... by usoftax_admin | Aug 23, 2024 | Tax News
The son of a man serving a 22-year fraud sentence told a Georgia federal court that the federal government is violating his constitutional rights in trying to take his property to satisfy his parents’ tax debts, saying he had nothing to do with his...